English Edition

Saudi Arabia to Adopt Renewable Energy Program Early '13

Πεμ, 22 Νοεμβρίου 2012 - 17:39

Top oil exporter Saudi Arabia will adopt a renewable energy program at the start of 2013 and hopes to have its first nuclear power plant operational by 2020 to meet soaring demand for electricity as its economy expands.

Gazprom Could Increase Gas Transit Via Belarus by 30%

Πεμ, 22 Νοεμβρίου 2012 - 17:39

Russia's state-controlled gas giant OAO Gazprom (GAZP.RS) could invest $2 billion to increase the volumes of natural gas it sends via Belarus to Europe by 30%, Russian newswires quoted Gazprom's Chief Executive Alexei Miller as saying Thursday.

Enel Green Power Wins Contact For Wind Farm in Mexico

Πεμ, 22 Νοεμβρίου 2012 - 17:38

Enel Green Power (EGPW.MI) has won a $130 million contract with Mexico to build a wind farm in the coastal state of Oaxaca.

PGS MultiClient Enters Greece with GeoStreamer GSTM

Πεμ, 22 Νοεμβρίου 2012 - 15:52

Petroleum Geo-Services has started a MC2D campaign in offshore Greece in cooperation with the Ministry of Environment, Energy and Climate Change of the Republic of Greece. M/V Nordic Explorer will acquire the marine seismic data and gravity-magnetic data from mid-November 2012 to end-January 2013. The energy minister Evangelos Livieratos visited Nordic Explorer with other ministry

Russian Government Approves Rosneft’s TNK-BP Buy Deal

Πεμ, 22 Νοεμβρίου 2012 - 12:26

The Russian government has given all approvals for state-controlled oil giant Rosneft to buy 100 percent of TNK-BP from British oil major BP and the AAR consortium of Russian billionaire shareholders, Deputy Prime Minister Arkady Dvorkovich said on Thursday.

Rise in Electricity Prices Likely in 2013, Says Greek Government

Τετ, 21 Νοεμβρίου 2012 - 18:17

The Greek undersecretary of Energy, Asimakis Papageorgiou, said today, during a press meeting, that a rise in electricity prices is likely for 2013.

EU Takes Poland, Finland to Court for not Implementing Energy Rules

Τετ, 21 Νοεμβρίου 2012 - 18:06

The European Union's executive body said Wednesday it is taking Poland and Finland to court, proposing fines for not fully implementing new rules on the liberalization of energy markets.

China to Urge Extension of Kyoto Protocol in Doha

Τετ, 21 Νοεμβρίου 2012 - 18:06

China will continue urging for an extension of the Kyoto Protocol at next week's climate change talks in Doha, but has ruled out joining a multi-party carbon trading market for now, Beijing's top climate negotiator said Wednesday.

EU Regulators Very Close to Giving OK to Glencore-Xstrata Merger

Τετ, 21 Νοεμβρίου 2012 - 18:05

European Union regulators are poised to give the green light on Thursday to Glencore's merger with Xstrata after the commodities giant fine-tuned its package of concessions to regulators' competition concerns, a person familiar with the discussions said.

VTT Vasilikos Tank Terminal’s New Look Takes Shape

Τετ, 21 Νοεμβρίου 2012 - 15:16

Work started last April and is expected to be completed in 2014. To begin with, the terminal should be able to store 357,000 cubic metres of oil (gasoline, diesel, jet fuel, gasoil and mazut). It is eventually due to have a capacity of 643,000 cubic metres.

ET Solar to Build 50MW Photovoltaic Parks in Romania

Τετ, 21 Νοεμβρίου 2012 - 14:05

Chinese ET Solar has been awarded by the Romanian Tinmar, a power supplier and trader, the construction and operation of photo-voltaic parks with total capacity of 50MW in Southern Romania.

Russia Deputy PM: Russia to Sell Rosneft Stake in 2013 to BP Only

Τρι, 20 Νοεμβρίου 2012 - 16:21

Russia will sell a stake in the state-owned oil giant OAO Rosneft (ROSN.RS) in 2013 only to BP PLC (BP), Deputy Prime Minister Arkady Dvorkovich said Tuesday, the Interfax news agency reported.

Russia Energy Ministry Mulls Novatek LNG Export Request

Τρι, 20 Νοεμβρίου 2012 - 16:21

Russia's energy ministry is considering a request from the country's largest independent natural-gas producer, OAO Novatek (NVTK.RS), to grant an exception to state-controlled OAO Gazprom's (GAZP.RS) monopoly on liquefied natural gas exports, Russian newswires quoted the energy minister as saying Tuesday.